Best Profitable EMA Forex Trading System With Realistic Profit Targets Calculator

Forex Cash Detective (further referred to as FCD) – Forex Trading System With Realistic Profit Targets Calculator. By choosing to use FCD with your Forex Trades you have just taken the first step in ensuring that your trading experience is enjoyable and profitable.

With our trading system on your side, you have the tools you need to start trading right away and to grow your trading account right from the start.

Whether you’re a new trader, or an experienced trader who has been using Forex for years, FCD will give you trading career the boost that it needs.

 

What is the Forex Cash Detective

 

We’ve already covered the idea that FCD will get you trading profitably and keep you profitable right from the start. The next question that needs to be answered is how?

Forex Cash Detective is an advanced, proprietary, trend detection system. When it comes to any type of trading, be it Forex, Stocks, or Futures, trading with the trends allows you a reasonable amount of security with your trades. If a long term trend in price is established then the likelihood of being able to ride that trend to huge profits is quite good.

With Forex specifically, the problem for most traders is that they can see the trends, but they have trouble trading those trends profitably. What looked like a sure thing suddenly turns against them and they end up in a losing trade. The reason for this is that looking at the current trend isn’t enough.

Along with being able to determine a trend you need to be able to find the right point to buy or sell any given currency. You need to be able to determine when to exit your trades and how to exit your trades. These two pieces of knowledge are imperative if you want to earn with Forex.

When you use the Forex Cash Detective, all of that work is done for you. Based on a trading system that has turned many Forex accounts into million dollar bank roles, FCD gives you the trends, it gives you the entry points, and it lets you know when to take your profits. You are given all of the information you need to enter and exit your trades and to consistently grow your Forex account.

It’s long been said that an informed trader is a profitable trader, and getting to that level all starts with understanding the basics of Forex, and also in putting together sound trading strategies that work for you.

 

Using Forex Cash Detective

 

Running the system – To run The Forex Cash Detective System, just start your Meta Trader and load the template.

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You will get something similar to this

 

 

Trend Detection

 

Forex Cash Detective uses a sophisticated, proprietary trend detection system. It gives you a very good chance to ride the trend with high probability of winning. You don’t have to worry about how to identify the trend correctly because Forex Cash Detective will do all for you.

If you follow the instruction carefully in the previous section, you will see the trend direction on the top left corner of your window chard like this.

 

OR

 

OR

 

As you can see from those illustrated pictures above, Forex Cash Detective will tell you exactly current status of the trend: UP, DOWN or SIDEWAY.

It is constantly monitoring the trend to ensure you are always trading on the right side before the system will tell you when to enter a trade. If the trade is not in the direction of the trend then it will pass on the trade without alerting you.

 

Time Frames

 

Forex Cash Detective is designed to run with best result on Daily Timeframe. It provides very large trends which we are trying to ride. Trading using Daily Time Frame also takes less of your time. It is better for those who still have fulltime jobs. You don’t need to spend much of your time checking charts frequently.

Using Daily Time Frame will generate less trades but I do believe it will get you very big profit because the trends are usually very long.

 

Entry Rules

 

Basically, Forex Cash Detective will tell you when to enter a trade. It will check all the conditions and show you an alert on the chart like this

This is a BUY confirmation

 

This is a SELL confirmation

 

The entry signal must in the same direction with the trend. As you can see, the trend will be up, then follow by the entry signal. It must be in this order.


 

Stop Loss and Take Profit

 

Forex Cash Detective has a built in tool to constantly monitor the market and adjusting the required stop loss levels and take profit target depending on the volatility and current market conditions. Below is a picture of the stop loss and take profit value as shown on your chart.

 

There three values you need to notice

  1. First profit target: This is the amount of pips you need to set for your first trade.
  2. Second profit target: This is the amount of pips you need to set for your second trade.
  3. Stop loss: This is how far from the entry point you need to put your stop loss.
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We usually open two positions when receiving an entry confirmation signal from the system. The profit target for each trade is set accordingly to the instruction on your chart window.

When price hits the first profit target, exit one trade, move stop loss for the remaining lot to break even. When price hits the second profit target, exit the remaining position.

 

Trading Rules

 

The rules of Forex Cash Detective is very easy to follow

 

Enter:

 

Buy when Entry Confirmation: Buy AND Major Trend: Up (two conditions must be met at the time of entry)

 

Sell when Entry Confirmation: Sell AND Major Trend: Down (two conditions must be met at the time of entry)

 

Place stop loss according to the stop loss output on the screen

Enter with two lots. When price hits the first profit target, exit one lot, move stop loss for the remaining lot to break even.

 

When price hits the second profit target, exit the remaining lot. When we’re currently on a trade, if we receive another signal in the same direction, ignore the second signal.

 

Notes:

 

When we’re currently on a trade, if we receive another signal in the opposite direction, then exit our first trade.

 

Filter:

 

You can use EMA30 as a filter. This is optional. If you use this filter, then you’ll get less trades and possibly more accurate signal.

If Price is above EMA30, then only take buy signals. If price is below EMA30, then only take sell signals.

 

Example Trades

 

Now, I am going to show you a few trade examples with this system. This example was a great BUY trade with EUR/USD on daily timeframe. The Major Trend was Up and we got an Entry Confirmation signal to buy at 1.4145.

We opened two positions with stop loss set at 168 pips below the entry point. For the first position, the profit target was set at 168 pips, the second profit target was set at 336 pips.

The price moved up strongly, when it hit the first target, we exited the first position. The price continued to move up strongly. When it hit our second target profit, we exited the remaining position and took 504 pips in total profit.

 

In this second example, we traded the USD/CAD pair on Daily timeframe. The major trend was down and we get the Entry Confirmation Sell signal at 1.1122.

We opened two positions with stop loss set at 168 pips above the entry point. For the first position, the profit target was set at 168 pips, the second profit target was set at 336 pips.

The price moved down strongly, when it hit the first target, we exited the first position. The price continued to move down strongly. When it hit our second target profit, we exited the remaining position and took 504 pips in total profit.

 

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This example was a great BUY trade with GBP/USD on daily timeframe. The Major Trend was Up and we got an Entry Confirmation signal to buy at 1.6445.

We opened two positions with stop loss set at 229 pips below the entry point. For the first position, the profit target was set at 229 pips, the second profit target was set at 459 pips.

The price moved up strongly, when it hit the first target, we exited the first position. The price continued to move up strongly. When it hit our second target profit, we exited the remaining position and took 688 pips in total profit.

 

In this example, we traded the EUR/USD pair on Daily timeframe. The major trend was down and we get the Entry Confirmation Sell signal at 1.4143.

We opened two positions with stop loss set at 159 pips above the entry point. For the first position, the profit target was set at 159 pips, the second profit target was set at 318 pips.

The price moved down strongly, when it hit the first target, we exited the first position. The price continued to move down strongly. When it hit our second target profit, we exited the remaining position and took 477 pips in total profit.

 

Forex Cash Detective is an advanced, proprietary, trend detection system. When it comes to any type of trading, be it Forex, Stocks, or Futures, trading with the trends allows you a reasonable amount of security with your trades.

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